in a magnetic core the relation between the driving field and the resulting magnetisation traces a loop, and the loop is open because the material remembers. this machine has the same shape. the driving field is the eth that has ever come in. the magnetisation is the eth that has ever been locked into rings. the second number can only go up, so instead of a loop you get a staircase that climbs and never steps down.
| block | event | h after | b after | ratio b/h |
|---|
remanence is what stays after the field is removed. if every trade stopped tomorrow, the rings would still be in the pool, the burn address would still hold them, and the depth would still be there for the first person who came back. nothing on this page can be reset.